Federal Issues in Brief:
Government-Sponsored Enterprises (GSEs)
The Issue
Some aspects of the proposed reform of Fannie Mae, Freddie Mac and Federal Home Loan Banks could hamper the housing mission of these institutions.

What This Means for You
The nation’s housing finance system, held up in large part by the GSEs, gives more Americans access to mortgage credit and helps the real estate industry grow.

Where it Stands Now
On October 26, 2005, the House passed H.R. 1461, to create a single, independent regulator to oversee the activities of Fannie Mae, Freddie Mac and the Federal Home Loan Banks.

Latest News
November 11, 2006
Government Sponsored Enterprises Important to Home Buyers and Sellers

July 6, 2006
OFHEO Director Opines on GSE Reform

June 15, 2006
Senate Holds Hearing on Fannie Mae Accounting Abuses, GSE Reform

June 13, 2006
Treasury Will Review GSE Debt Issue Review Process; HUD Pledges More GSE Transparency

June 6, 2006
House Reviews OFHEO's Fannie Mae Report; OFHEO Director Senate Confirmation Hearing

April 27, 2006
Bush Selects New Fannie Mae/Freddie Mac Regulator

March 31, 2006
Fannie Mae and Freddie Mac Adequately Capitalized

February 23, 2006
Rudman Report on Fannie Mae Released

November 29, 2005
2006 Fannie Mae/Freddie Mac Loan Limits Announced

October 26, 2005
GSE Reform Bill Passes the House

July 28, 2005
Fannie Mae/Freddie Mac Reform Bills Considered

May 11, 2005
Ending Fannie, Freddie Portfolio Raises Liquidity Risk
April 19, 2005
NAR President Al Mansell Testifies on GSE Reform Bills
April 4, 2005
NAR, Industry Groups Oppose New Test in GSE Reform Bill